What are the advantages of taking a personal loan online in Delhi-NCR through Biz2Credit?
Personal Loans are unsecured (no collateral required), involve minimal documentation and are usually approved in a jiffy!
- No collateral required
- Low rate of interest
- Quick approval and disbursal
- Flexible tenure
- No restrictions on end use
With Biz2Credit, you save your time and energy by not going to a number of banks or other lending institutes individually!
Our dynamic, easy to use platform gets you online access to various personal loan options in Delhi-NCR available to you based on the key parameters you share with us. Find your best-suited loan and apply online through us. Our personal loan EMI calculator can help you take a decision the smart way.
Can I get a Personal Loan for business in Delhi-NCR?
Yes, you can apply online for a Personal Loan for business purposes in Delhi-NCR.
How Does Personal Loan Work for Business Purpose?
A Personal Loan can be used for business purposes as the lender usually is not concerned about the intended use of the loan amount (Unless the loan is of a very high value). Moreover, they are easy to get as compared to a business loan. Entrepreneurs can take a personal loan for business purposes without worrying about the financial history of their enterprise as lenders will not look for it.
How to Get Personal Loan in Delhi-NCR for Business Use?
Unlike a business loan, personal loan lenders do not look for financial history of an enterprise. Only the applicant's personal credit score matters. Personal loans are easier to get if the credit score of the applicant is high. Moreover, the borrower can use the personal loan for any business activity without being answerable to the lender about it.
What is the minimum and maximum amount of Personal Loan that one can get?
You can borrow a minimum of INR 1 lac to a maximum of INR 25 lacs.
What is the tenure for which I can avail a Personal loan?
Through Biz2Credit, you can get a personal loan with tenure between 12 months to 60 months (5 years).
How to apply for a Personal Loan online in Delhi-NCR?
Applying for a Personal Loan online in Delhi-NCR is easy, fast and safe. Our dynamic, easy to use platform gets you online access to various options available to you based on the key parameters you share with us. Find your best-suited loan and apply online through us.
Simply login to http://www.biz2credit.in/ by creating an account. Fill in your details and get access to best loan matches. Next, submit the required documents online and we shall take care of the rest. Alternatively, you may Contact Us (http://www.biz2credit.in/about/contact-us) and we will revert to you on this.
How do I foreclose my Personal Loan? Will there be any charge for the foreclosure?
Foreclosure is the act of paying off all of your outstanding loan amount before the end of the loan tenure. If you have the money, it is a great option as it saves you from paying interest for the remaining loan tenure. Most banks/ NBFCs allow you to foreclose a personal loan in Delhi-NCR only after a certain number of EMIs have been paid. They may also ask for a foreclosure fee on the outstanding principal. A few banks/NBFCs allow an earlier foreclosure with no charges on it, so it is important to understand the payment plan before availing a loan.
Can I make a part-prepayment towards my Personal Loan? Will any charges be applicable?
Yes, you can, but only after your first EMI is cleared successfully. Usually, a borrower can part-pay up to 6 times in a calendar year. However, it depends on your lender's' terms and conditions. Understand your loan agreement before you accept the same.
Are Personal Loan interest rates in Delhi-NCR fixed or floating?
In case of a fixed rate personal loan in Delhi-NCR, your EMI amount remains fixed throughout the loan tenure; you will pay the exact same amount as EMI every month.
In case of a floating rate personal loan in Delhi-NCR, the EMI amount will keep decreasing as it is based on the reducing balance method of calculating interest payout on a personal loan.
The applicable interest rate may be varied by the personal loan provider in Delhi-NCR periodically as per the new MCLR rules in case of a floating rate. Floating interest rates may be changed either on a half yearly or yearly basis by the lending institution.
How to get the best Interest Rate on a Personal Loan in Delhi-NCR?
The best way to get the best Interest Rate on a personal Loan in Delhi-NCR is to apply online. When you apply online through Biz2Credit, you get access to all available loan matches as per your exclusive loan application. On our platform, you can easily find and compare between the lending rates of different Personal Loan lenders and make an informed and smart decision within minutes.
Is my information safe on your website?
All your information will be secure with us. Your online application is absolutely secured on our technically sound platform.
Do you charge any fee from borrowers who take a Personal Loan in Delhi-NCR through you?
No, biz2credit does not charge any fee to borrowers in any manner.